RPC INC — Director's Dealing 2008

May 21, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RPC INC (RES)
CIK: 0000742278
Period of Report: 2008-05-19

Reporting Person: PALMER BEN M (VP, CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-19	Common Stock	M	10125	$2.81	Acquired	291991	Direct
2008-05-19	Common Stock	F	1972	$14.43	Disposed	290019	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-05-19	Incentive Stock Option	$2.81	M	10125	Disposed	2014-01-28	Common Stock (10125)	Direct

Footnotes

F1: Incentive stock options vest ratably over five years from the date of grant.